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The regulation of credit unions: A comparative analysis between the USA and Great Britain

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Abstract

The aim of this paper is to illustrate the importance of an effective financial regulatory agency towards the growth of credit unions. The paper concentrates on regulatory bodies in the USA and Great Britain. The author highlights three regulatory features that have assisted the growth of credit unions in the aforementioned jurisdictions. First, the interpretation of the common bond. Secondly, membership of a credit union compensation scheme. Finally, the rationalisation of credit unions.

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Authors and Affiliations

  1. Faculty of Law, Commercial Law Resesarch Unit, University of the West of England, Bristol, BS16 1QY, UK

    Nicholas Ryder

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  1. Nicholas Ryder
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Correspondence to Nicholas Ryder.

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Ryder, N. The regulation of credit unions: A comparative analysis between the USA and Great Britain. J Bank Regul 6, 261–273 (2005). https://doi.org/10.1057/palgrave.jbr.2340196

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  • DOI: https://doi.org/10.1057/palgrave.jbr.2340196

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